Archive for December 17th, 2019

New Overnight Developments Abroad - Daily Update

BoJo Shocker, Dovish RBA Minutes, and Some Robust U.S. Data

December 17, 2019

The pound hit an air pocket overnight, dropping 1.3% against the dollar after Prime Minister Johnson rejected the option of further extensions to Brexit talks. The lack of any deal is back in play. As things stand, Britain is to leave the EU at end-January and any transition period into full Brexit ends before 2021. […] More

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